Abstract
Purpose – sustainability in industrial organizations is becoming one of the predominant concepts in the context of modern industrialization due to global warming, economic significance, and social awareness. These have prompted a huge concern toward sustainable supply chain management (SSCM) to be adopted and promoted as an innovative business model. Supplier evaluation and selection play a significant role in SSCM for taking appropriate procurement decisions. Research methodology – a hybrid MADM model based on Best Worst Method (BWM) and Combined Comprise Solution (CoCoSo) method. Findings – a case study in the steel industry is presented to demonstrate the effectiveness of the proposed approach. The results show the potentiality of the proposed model in resolving complex sustainability issues in the SCM environment. Research limitations – other weighting techniques like the analytic network process (ANP) and decision making trial and evaluation laboratory (DEMATEL) approaches can also be combined and performances can be compared. Practical implications – the proposed model can be used by the organizations to select the most appropriate suppliers who contribute to the movement of the SC towards sustainability. Originality/Value – a multi-criteria evaluation model has been proposed for solving a sustainable supplier selection problem while considering economic, environmental and social criteria simultaneously by integrating BWM-COCOSO methods
Highlights
Sustainability in industrial organizations is becoming one of the predominant concepts and global themes in the 21st century due to changing environmental regulations, economic significance and social awareness
A structured framework for sustainable supplier selection using a combined Best Worst Method (BWM)-Combined Compromise Solution (CoCoSo) model frequently encountered in Analytic Hierarchy Process (AHP) and Analytic Network Process (ANP) methods-based computations
As mentioned in the literature Sustainability is a new trend in the Supply Chain Management (SCM) field and it can be predicted as the most important and key issue in the future of the field
Summary
Sustainability in industrial organizations is becoming one of the predominant concepts and global themes in the 21st century due to changing environmental regulations, economic significance and social awareness. The conservation of the environment has become indispensable due to climate change, intensification in global warming, scarcity of natural resources and increasing population. These have prompted public concern over sustainability and environmental issues. To grow and preserve competitive advantages in the global market, organizations are shifting their focus on sustainable product development to satisfy the end users in terms of environmental requirements. In this context, sustainable supply chain management (SSCM) has become one of the important topics among practitioners and academic researchers (Azadnia, Saman, Wong, Ghadimi, & Zakuan, 2012). Even primarily the selection is the same for both sustainable and regular supplier selections, but the existence of a range of conflicting criteria makes the process reasonably multifaceted and protracted
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